PRESS: Decathlon finds buyer for 5 stores in Russia

MOSCOW, May 12 (PRIME) -- France's Decathlon has found a buyer for its five stores in Russia, and the deal has been approved by the government's commission for foreign investment control, news daily Izvestiya reported on Friday citing the Industry and Trade Ministry and a market source.

"Company Decathlon has found a buyer for some of its stores in this country… The government's commission for foreign investment control has approved the deal,” the newspaper reported citing the ministry.

“The stores are located in various regions, they are of no strategic importance to the company."

The source did not disclose the buyer's name.

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